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Flor Elena
Flor Elena lives in the north of Costa Rica. In her community, many of the residents are involved in processing corn and producing corn-based products. Flor Elena also makes and sells her own dishes in her local market.

She is seeking a loan of one million colones in order to buy a sealer for her corn mill. This will allow her to sell packed and sealed products, which will enable her to provide enhanced service to her customers.
View original language description ↓
Flor Elena vive en la zona norte del país y en su comunidad se destaca por su molino de maíz que todos los lugareños aprovechan para procesar este grano y producir alimentos a base de este producto, ella también elabora y vende sus propios platillos en el comercio local, solicita un préstamo por un millón de colones
(¢1.000.000) para comprar una selladora de molino y así vender empacado y sellado sus productos, y de esta forma mejorar la calidad en el servicio al cliente.

Additional Information

More information about this loan

As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.

About Costa Rica

  • $11,100
    Average annual income
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,980,625
    Funds lent in using Kiva
  • 500.2
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,000 helped Flor Elena to purchase a sealer for her corn mill.
64% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible